Welcome to the tawreeq.ae web site (tawreeq.ae) (Site) owned and operated by Dar Al Tawreeq Forfaiting and Factoring Services LLC (DAT),
located at Office No. B, 10th Floor, Emirates Towers Offices, P.O. Box: 27941, Dubai, United Arab Emirates. This Agreement (Agreement) contains the terms,
covenants, conditions, and provisions (Terms and Conditions) upon which you (User) may access and use this Site.
This Agreement is subject to the Cookie Policy, as set out below, and the Privacy Policy.

The purpose of this Site is for providing general information about DAT and its products and services,
and it does not constitute the sale or marketing of securities or financial products and services. By accessing, viewing, or using this Site,
including all content made available through the Site, you, the User, indicate that you understand and intend these Terms and Conditions to be
the legal equivalent of a signed, written contract and equally binding, and that you accept these
Terms and Conditions and agree to be legally bound by them. Please note that DAT reserves the right to change these Terms and Conditions under which
this Site and its many offerings are extended to you. Your continued use of this Site following reasonable notice of such modifications will be
conclusively deemed acceptance of any changes to these Terms and Conditions.

GRANT OF LICENSE

This Agreement provides you, the User, with a personal, revocable, nonexclusive, non-transferable license to use this Site conditioned on your continued compliance with these Terms
and Conditions of this Agreement. You may not modify, copy, distribute, broadcast, transmit, reproduce, publish, mirror, frame, license, transfer, sell or, other than for personal,
non-commercial use, use any information or material obtained from or through this Site without the prior written consent of Tawreeq Holdings. As a further condition of use of this Site,
all Users warrant to Tawreeq Holdings that they will not use this Site for any purpose that is unlawful or otherwise prohibited by these Terms and Conditions.

2.2 The following trademarks: TAWREEQ SCF Platform, TAWREEQ SCF Platform Plus Design, and all other names, logos, and icons identifying TAWREEQ SCF Platform
are proprietary marks of Tawreeq Holdings. Other product and company names mentioned herein may be the trademarks of their respective owners.

PASSWORD POLICY

Your use of certain portions of this Site may require a password. As part of the registration process, you must select a user name and password and provide
accurate, complete and up-to-date information. Anyone with knowledge of your password can gain access to the restricted portions of this Site and the
information available to you. Accordingly, you must keep your password secret. By agreeing to these Terms and Conditions, you agree to be solely responsible
for the confidentiality and use of your respective password, as well as for any communications entered through the Site using your password. You will also
immediately notify Tawreeq Holdings if you become aware of any loss or theft of your password or any unauthorized use of your password. Tawreeq Holdings
reserves the right to delete or change a password at any time and for any reason.

USER CODE OF CONDUCT

4.1You agree not to do the following:

(a) Restrict or inhibit any other User from using and enjoying the Site. This includes, without limitation: (i) using, or attempting
to use, any account without the owner’s permission, (ii) obtaining or soliciting another person’s password or other personal information under false pretences,
or (iii) impersonating another user or otherwise misrepresenting yourself to Tawreeq Holdings, the Site’s systems, or other entities;

(b) Interfere (or attempt to interfere) with the operation of the Site. This includes, without limitation: (i) interfering with,
defeating, or circumventing any security function of the Site, or attempting to do so, or (ii) accessing, or attempting to access, any portion of the
Site that you are not authorized to access. Unauthorized access (or attempts) may subject you to civil and/or criminal penalties;

(d) Post, store, or transmit any information or material that could constitute or encourage conduct that would be considered a
criminal offense, give rise to civil liability, or otherwise violate any law;

(e) Provide any information to Tawreeq Holdings that is not true, accurate, current and complete information or fail to maintain
and update any information you provide to Tawreeq Holdings;

(f) Misuse any e mail function available on or through the Site. This includes, without limitation, (i) sending unsolicited
commercial e mail to any account that causes complaints from the recipients, (ii) continuing to send commercial e mail to a recipient if recipient has
requested that you discontinue such communication, (iii) sending bulk e mails, “spam,” chain letters, “mail bombs,” or other disruptive transmissions,
or (iv) forging message headers or otherwise concealing an e mail address or preventing others from responding to a message, or attempting to do so;

(g) Use the Site to post, store, or transmit any information or software that contains a virus, worm, Trojan horse, or other
harmful or disruptive component;

(h) Use the Site to post, store, or transmit materials in violation of another party’s copyright or other intellectual property
rights. You are solely responsible for determining whether any material you post, store, or transmit is subject to a third party's rights;

Tawreeq Holdings also welcomes your feedback and suggestions about how to improve our products and services and this Site. Any ideas, suggestions,
information, know-how, material, or any other content (collectively Feedback) received through this Site, however, will be deemed to include a worldwide,
royalty-free, perpetual, irrevocable, nonexclusive right and license for Tawreeq Holdings to, in whole or in part, adopt, publish, reproduce, disseminate,
transmit, distribute, copy, use, create derivative works, display, or act on such Feedback without additional approval or consideration, in any form, media,
or technology now known or later developed for the full term of any rights that may exist in such feedback, and User hereby waives any claim to the contrary.
Further, Tawreeq Holdings is free to use any ideas, concepts, know-how, techniques, and suggestions contained in any communications you may send to this
Site for any purpose whatsoever including, but not limited to, creating and marketing products and/or services using such information.

PRIVACY POLICY

Please see TAWREEQ SCF Platform website Privacy Policy for a description of Tawreeq Holdings’
personal data collection and use practices. Use of this Site constitutes consent to Tawreeq Holdings’ collection and use of personal data as outlined therein.

ENFORCING SECURITY

Tawreeq Holdings reserves the right to view, monitor, and record activity on the Site without notice or permission from you. Any information obtained by
monitoring, reviewing, or recording could be subject to review by law enforcement organizations and data protection agencies in connection with investigation
or prosecution of possible criminal or other illegal activity on the Site. Tawreeq Holdings reserves the right to comply with all court orders, subpoenas,
warrants, or other regulatory or administrative requests for such information.

ADVERTISERS ON THIS SITE

Tawreeq Holdings, in its sole discretion, may post the advertisements of third parties on this Site. A User’s correspondence or any other dealings with
advertisers found on this Site are solely between the User and such advertiser. Users agree that Tawreeq Holdings shall not be responsible for any loss
or damage of any sort incurred as a result of any such dealings or as the result of the presence of such advertisers on this Site. Moreover, Users shall
not knowingly or intentionally interfere with the display of such advertisements.

LINKS TO OTHER SITES

Tawreeq Holdings may provide links, in its sole discretion, to other sites on the Internet for the convenience of its Users in locating related information
and services. These sites have not necessarily been reviewed by Tawreeq Holdings and are maintained by third parties over which Tawreeq Holdings exercises
no control. Accordingly, Tawreeq Holdings expressly disclaims any responsibility for the information collection practices, the content, the accuracy of the
information, and/or quality of products or services provided by or advertised on these third-party web sites. Moreover, these links do not imply an
endorsement with respect to any third party or any web site or the products or services provided by any third party.

11.1 NOTHING IN THE SITE OR THESE TERMS CONSTITUTES AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES OF
ANY KIND IN, OR ISSUED BY, TAWREEQ HOLDINGS, INCLUDING ANY INVESTMENTS, FUNDS OR ENTITIES IT OWNS, MANAGES, CONTROLS OR OFFERS, AS APPLICABLE. IN ADDITION,
THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR AN INVITATION TO THE GENERAL PUBLIC TO INVEST IN TAWREEQ HOLDINGS, NETHER HAS IT BEEN SUBJECT TO ANY REGULATORY
FILING, REVIEW OR APPROVAL. BEFORE RELYING ON ANY INFORMATION ON THE SITE IN ANY WAY, TAWREEQ HOLDINGS ADVISES YOU TO PERFORM INDEPENDENT VERIFICATION OF
THE DATA AND CONDUCT YOUR OWN ANALYSIS WITH APPROPRIATE ADVISORS. STATEMENTS CONTAINED IN THE SITE MAY INCLUDE STATEMENTS OF FUTURE EXPECTATIONS AND
OTHER FORWARD-LOOKING STATEMENTS. ANY PROJECTIONS OR OTHER ESTIMATES IN THESE MATERIALS ARE BASED UPON CERTAIN ASSUMPTIONS. ACTUAL EVENTS MAY DIFFER
MATERIALLY FROM THOSE ASSUMED, WHICH MAY HAVE A MATERIAL IMPACT ON ANY INFORMATION, PROJECTIONS OR ESTIMATES PROVIDED. THE INFORMATION CONTAINED IN
THE SITE MAY CONTAIN GENERAL, SUMMARY DISCUSSIONS OF CERTAIN TAX, REGULATORY, ACCOUNTING AND/OR LEGAL ISSUES. ANY SUCH DISCUSSIONS AND ISSUES MAY BE
GENERIC AND MAY NOT BE APPLICABLE TO OR COMPLETE FOR YOUR PURPOSES. TAWREEQ HOLDINGS DOES NOT OFFER TAX, REGULATORY, ACCOUNTING OR LEGAL ADVICE AND
THE SITE SHOULD NOT AND CANNOT BE RELIED UPON AS SUCH. THE SITE IS FOR INFORMATIONAL PURPOSES ONLY AND MAY NOT BE REPRODUCED IN WHOLE OR IN
PART (WHETHER ELECTRONIC OR HARD-COPY FORM).]

11.2 WHILE TAWREEQ HOLDINGS ENDEAVORS TO PROVIDE THE MOST ACCURATE, UP-TO-DATE CONTENT, INFORMATION, MATERIALS AND FUNCTIONS
AVAILABLE, THE CONTENT, INFORMATION, MATERIALS, AND FUNCTIONS AVAILABLE ON THIS SITE MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS. MOREOVER,
TAWREEQ HOLDINGS MAY MAKE MODIFICATIONS AND/OR CHANGES IN THIS SITE OR IN THE CONTENT, INFORMATION, MATERIALS, AND FUNCTIONS AVAILABLE ON THIS SITE
AT ANY TIME, FOR ANY REASON.

11.3 YOU, THE USER, ASSUME THE SOLE RISK OF MAKING USE OF, AND/OR RELYING ON, THE CONTENT, INFORMATION, MATERIALS AND FUNCTIONS
AVAILABLE ON THIS SITE. TAWREEQ HOLDINGS MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY, COMPLETENESS, TIMELINESS, RELIABILITY, LEGALITY IN YOUR JURISDICTION,
OR ACCURACY OF THE CONTENT, INFORMATION, MATERIALS AND FUNCTIONS AVAILABLE ON THIS SITE FOR ANY PURPOSE. ALL SUCH CONTENT, INFORMATION, MATERIALS, AND
FUNCTIONS ARE PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND, INCLUDING ALL IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE,
TITLE, AND NONINFRINGEMENT.

11.4 IN NO EVENT SHALL TAWREEQ HOLDINGS BE LIABLE FOR ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES ARISING
OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF THIS SITE, INCLUDING ANY CONTENT, OR WITH THE DELAY OR INABILITY TO USE THIS SITE, OR FOR ANY CONTENT, INFORMATION,
MATERIALS, AND FUNCTIONS AVAILABLE ON THIS SITE, OR OTHERWISE ARISING OUT OF THE UTILIZATION OF THIS SITE, WHETHER BASED IN CONTRACT, TORT, STRICT LIABILITY, OR
OTHERWISE, EVEN IF TAWREEQ HOLDINGS HAS BEEN ADVISED OF THE POSSIBILITY OF DAMAGES. AS A RESULT OF SOME JURISDICTIONS NOT ALLOWING THE EXCLUSION OR LIMITATION OF
LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATION MAY NOT APPLY. NOTWITHSTANDING THE FOREGOING, TOTAL LIABILITY OF TAWREEQ HOLDINGS FOR
ANY REASON WHATSOEVER RELATED TO USE OF THIS SITE, INCLUDING ANY CONTENT, SHALL NOT EXCEED THE TOTAL AMOUNT PAID BY USER TO TAWREEQ HOLDINGS IN CONNECTION WITH
THE SUBJECT MATTER OF THE PARTICULAR DISPUTE.

INDEMNITY

You agree to defend, indemnify, and hold harmless Tawreeq Holdings and its affiliates and all of their employees, agents, directors, officers, proprietors, partners,
representatives, shareholders, servants, attorneys, predecessors, successors, and assigns, from and against any and all claims, proceedings, damages, injuries,
liabilities, losses, costs, and expenses (including reasonable attorneys’ fees and litigation expenses), relating to or arising from your use of the Site or any
breach by you of this Agreement. You agree to cooperate as fully as reasonably required in Tawreeq Holdings’ defence of any claim. Tawreeq Holdings reserves the
right, at its own expense, to assume the exclusive defence and control of any matter otherwise subject to indemnification by you and you shall not in any event
settle any matter without the written consent of Tawreeq Holdings.

TERM AND TERMINATION

This Agreement will take effect at the time the User begins using this Site (thereby indicating acceptance of these Terms and Conditions). Tawreeq Holdings reserves
the right at any time and for any reason to deny any User access to the Site or any portion thereof, and to terminate this Agreement. Termination will be
effective without notice.

WAIVER

Failure to insist on strict performance of any of these Terms and Conditions of this Agreement will not operate as a waiver of any subsequent default or
failure of performance. No waiver by Tawreeq Holdings of any right under these Terms and Conditions will be deemed to be either a waiver of any other
right or provision or a waiver of that same right or provision at any other time.

SEVERABILITY

If any provision of these Terms and Conditions is held to be illegal, invalid or unenforceable under any present or future law, and if the rights or
obligations of any party hereto under these Terms and Conditions will not be materially and adversely affected thereby, (a) such provision will be fully
severable, (b) these Terms and Conditions will be construed and enforced as if such provision had never comprised a part hereof, (c) the remaining
provisions of these Terms and Conditions will remain in full force and effect and will not be affected by such provision or its severance here from
and (d) in lieu of such provision, there will be added automatically as a part of these Terms and Conditions a legal, valid and enforceable provision
as similar in terms to such provision as may be possible.

RELATIONSHIP

No joint venture, partnership, employment, or agency relationship exists between a User and Tawreeq Holdings as a result of this Agreement or User’s
utilisation of this Site.

ENTIRE AGREEMENT/RESERVATION OF RIGHTS

These Terms and Conditions and TAWREEQ SCF Platform website Privacy Policy,
which is hereby incorporated as if set forth fully herein, represent the entire agreement between the User and Tawreeq Holdings with respect to use of and
material available on or through this Site, and it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral, or
written between the User and Tawreeq Holdings with respect to this Site. Any rights not expressly granted herein are reserved.

GOVERNING LAW AND JURRISDICTION

This Agreement has been made in, and will be construed and enforced in accordance with the laws of the Dubai International Financial Centre as applied to
agreements entered into and completely performed in the Dubai International Financial Centre. Any action to enforce this Agreement will be brought in the
courts presiding in the Dubai International Financial Centre, and all parties to this Agreement expressly agree to be subject to the jurisdiction of such
courts. Tawreeq Holdings makes no representation that materials in the Site are appropriate or available for use in other locations, and access to them
from territories where any of the contents of this Site are illegal is prohibited. Those who choose to access this Site from other locations do so of
their own volition and are responsible for compliance with applicable local laws.

Annex: Cookie Policy

Cookies and Tracking Technologies Policy

Tawreeq Holdings, its service providers and advertising partners use cookies and tracking technologies on the Site to enable it to distinguish between users
of the website. This helps Tawreeq Holdings to provide the User with a good experience when he/she browses its Site and also allows Tawreeq Holdings to
improve the Site. By continuing to browse the Site, the User agrees to the use of these cookies.

As this is a global Cookie Policy, it only sets out the minimum standards and principles that Tawreeq Holdings adheres to in all countries in which it is
based. Where there are additional requirements for particular countries or regions, Tawreeq Holdings may also provide the User with additional modules that
should be read alongside this Cookie Policy. Tawreeq Holdings may also update this Cookie Policy from time to time in accordance with new and changing
regulatory requirements.

What are cookies and tracking technologies?

Cookies

A cookie is a small file of letters and numbers sent by a website to your computer or mobile device where it is stored by the User’s browser if the User
agrees. Cookies contain information which enable a website to recognize the User as he/she moves around the site and/or each time the User revisits.
Cookies may be sent by the website that the User is visiting or by another organization which provides services to that website, such as an advertising
network or analytics company.

Web beacons and other tracking technologies

Web beacons are small bits of code that communicate with third parties and are embedded in web pages, ads or in emails. Web beacons and other tracking
technologies, such as gif, page tags and script, are often used together with web browser cookies to help website publishers to better analyze and improve
their services and to target advertising based on your browsing behavior and interests.

Our use of cookies

Tawreeq Holdings uses a variety of cookies and other tracking technologies for the following purposes:

Strictly necessary cookies. These are cookies that are required for the operation of the Site. They include, for example, cookies that
enable you to log into secure areas of the Site, use a shopping cart or make use of e-billing services.

Analytical/performance cookies. They allow Tawreeq Holdings to recognize and count the number of visitors and to see how visitors move around
the Site when they are using it. This helps Tawreeq Holdings to improve the way its Site works, for example, by ensuring that the User is finding
what he/she is looking for easily.

Functionality cookies. These are used to recognize the User when he/she returns to the Site. This enables Tawreeq Holdings to personalize
its content for the User, greet the User by name and remember the User’s preferences (for example, the User’s choice of language or region).

Targeting cookies. These cookies record the User’s visit to the Site, the pages the User has visited and the links the User has followed.
Tawreeq Holdings will use this information to make its Site and the advertising displayed on it more relevant to the User’s interests. Tawreeq Holdings
may also share this information with third parties for this purpose.